About Accrualify
Accrualify is a company based in San Mateo (United States) founded in 2015 was acquired by FLEETCOR in August 2022. Accrualify has raised $3.8 million across 2 funding rounds from investors including Aligned Partners Venture Services, SWAN Venture Fund and FLEETCOR. The company has 63 employees as of April 07, 2024. Accrualify offers products and services including AP Automation, Payments Automation, Invoice Automation, Purchase Order Automation, and Virtual Cards. Accrualify operates in a competitive market with competitors including Brex, Ramp, Navan, Pleo and Airbase, among others.
- Headquarter San Mateo, United States
- Employees 63 as on 07 Apr, 2024
-
Sectors
Travel & HospitalityTechnology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Corpay Technologies India Private Limited
- Date of Incorporation 22 May, 2018
- Jurisdiction Nagpur, Maharashtra, India
-
Annual Revenue
$779.59 K (USD)212.46as on Mar 31, 2023
-
Net Profit
$80.62 K (USD)150.78as on Mar 31, 2023
-
EBITDA
$116 K (USD)28.22as on Mar 31, 2023
-
Total Equity Funding
$3.8 M (USD)
in 2 rounds
-
Latest Funding Round
$3.2 M (USD), Series A
Sep 11, 2018
-
Investors
Aligned Partners Venture Services
& 2 more
-
Employee Count
63
as on Apr 07, 2024
-
Acquired by
FLEETCOR
(Aug 03, 2022)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Accrualify
Accrualify offers a comprehensive portfolio of products and services, including AP Automation, Payments Automation, Invoice Automation, Purchase Order Automation, and Virtual Cards.
Automates accounts payable to reduce errors and streamline approvals.
Facilitates secure vendor payments and approvals in one platform.
Processes invoices efficiently to cut time and boost accuracy.
Streamlines PO requests and approvals without bottlenecks.
Enables secure virtual card payments for rebates and fraud protection.
People of Accrualify
Unlock access to complete
Funding Insights of Accrualify
Accrualify has successfully raised a total of $3.8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.2 million completed in September 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Accrualify
Accrualify has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Aligned Partners Venture Services, SWAN Venture Fund and FLEETCOR.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage US tech investments are made by Aligned Partners.
|
Locked | Locked | Locked | |
|
A seed stage venture fund based in Seattle is operated.
|
Locked | Locked | Locked | |
|
-
|
Locked | Locked | Locked |
Investor details for Accrualify
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Accrualify
Investment portfolio details for Accrualify
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Accrualify
Detailed financials for Accrualify
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Accrualify Comparisons
Peer comparison for Accrualify
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Accrualify
Accrualify operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Brex, Ramp, Navan, Pleo and Airbase, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
SaaS-driven credit card and spend management solutions platform for businesses
|
|
| Locked | Locked | Locked |
Spend management and accounts payable solutions are delivered to businesses.
|
|
| Locked | Locked | Locked |
Corporate travel and expense management are facilitated through SaaS platform.
|
|
| Locked | Locked | Locked |
SaaS expense management solutions for business travel are provided.
|
|
| Locked | Locked | Locked |
Procure-to-pay management software is offered for business operations.
|
|
| Locked | Locked | Locked |
Corporate cards and expense management are offered to businesses.
|
Detailed competitors of Accrualify
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Accrualify
Complete news archive for Accrualify
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Accrualify
Accrualify was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Accrualify is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Accrualify is a funded company, having raised a total of $3.8M across 2 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Accrualify is 63.
Annual revenue of Accrualify is $779.59K as on Mar 31, 2023.
Accrualify provides a centralized platform for managing your month and quarter end accrued payments on services received in that period. This is helpful if an enterprise has multiple SaaS vendors. Vendors can be tied to a PO (purchase order) and the company can receive electronic invoices. The platform provides clear spend management and analytics on accounts payables. Payments module allows to make directly via ACH transfer or credit cards. Pricing is based on number of users per month starting at 1000month for managing up to 1000 vendors. It also provides PO management as a sepaarte module for 8month.
Accrualify offers AP Automation, Payments Automation, Invoice Automation, Purchase Order Automation, and Virtual Cards.
Accrualify has 3 investors. Key investors include Aligned Partners Venture Services, SWAN Venture Fund, and FLEETCOR.